On a week where the Dow closes above 10K, gold tops $1,100 and unemployment hits 10.2%, the markets shrug off negative data to end the week up over 3%.
The latest overall job loss numbers showed a loss of 190,000 jobs in September and the unemployment rate rose to 10.2%, the highest unemployment rate since April 1983. The August and September numbers were revised as well. Here is a breakdown of where the job losses were as well as which sectors were adding jobs.
Earnings season is coming closer to an end now that ~80% of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far...
The President’s Economic Advisory Board will hold a public meeting on job innovation today, and Charles Phillips, president of Oracle and a member of the board shared a preview with CNBC's "Squawk Box' team on Monday.
Remember how bad things were last year? Then stop crying about one bad week in the markets.
The S&P 500 and NASDAQ Composite broke 7 months of consecutive gains to finish October in the red. Here is a look at this month's market statistics.
Stocks have given up all of yesterday’s strong gains now. The markets drifted lower into the early afternoon as the dollar flirted with its own session highs. Then, as the S&P 500 fell below its Wednesday close of 1,042 (which was a 3-week low), the markets took another move lower. A notable increase in volume of the S&P 500 SPDRs was also seen by traders as the S&P fell below this support level.
Despite a weak start to the last week of October, the Dow and S&P are now both up 2.58% and 0.85% for the month as of Thursday's closing session. Even though October ranks as a slightly positive month historically on average, up more than 53% of the time for all three major U.S. Indexes, the Nasdaq Composite has trailed behind, currently down 1.2% month to date.
The S&P 500 logged its best one-day percentage gain in three months on Thursday after GDP data showed the economy expanded at an annual rate of 3.5% in the third quarter.
Yesterday we passed the earnings season midpoint and now ~60% of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far...
Stocks tumbled to session lows late Wednesday, with the Dow down more than 100 points, as worries about the recovery gripped the market.
Stocks fell last week and have continued to slide this week, prompting speculation that this may be the beginning of a correction. What does this mean for the overall markets going forward? Adam Bold, founder and CEO of the Mutual Fund Store and Joe Kinahan, chief derivatives strategist at Thinkorswim shared their insights.
As the US economic recovery looms larger, the gray cloud that has hung over the stock market for so long is finally starting to fade. Here's four sectors likely to outperform in the months and year ahead.
Stocks retreated Monday, led by financials and commodities, as the dollar rebounded.
Gold prices have had a sharp run up over 41 percent in the last year. But with money piling in and more people bullish than bearish on gold, does it have more room to run? Rebecca Patterson, head of global foreign exchange and commodities at JPMorgan Private Bank shared her views.
Stocks retreated Monday, led by financials, as the dollar rebounded and Dutch bank ING announced plans to split in two.
Gold prices continued to rise on Monday, nearing $1,060, as the U.S. dollar fell. Brian Belski, chief investment strategist at Oppenheimer & Co. shared his insights on gold, markets, and more.
Stocks advanced Monday, helped by an upbeat economic report and a couple of earnings beats.
…Cramer changes his mind. What do you do?
"I'd say it's buyers' fatigue that's set in," says one pro. "The stock market seemed to be going up on bad news for a certain period, and now we have what's perceived as good news...but it seems the market's got it fully priced in."